It is unlikely to strain govt finances, thanks to higher revenue collection; fiscal situation in a good shape
The tax revenue was only 28% of BE of 2020-21 in the year-ago period, which was at Rs 9.2 lakh crore of the total receipts.
Last year the government eliminated subsidies on LPG by bringing retail prices at par with the cost through periodic hikes
The International Monetary Fund (IMF) lowered India's potential growth prediction to 6% last week, citing the pandemic as the reason.
From a fiscal perspective, the report estimates the consolidated deficit to narrow to 9.8% of GDP in the current year from 13.4% in FY21
At present, the ETF invests only in AAA rated bonds of public sector companies
One of the trends that got accentuated during the pandemic was stays at small properties of five to 10 rooms in picturesque locations
From the edible oils perspective, Pandey said data highlighted that there has been a steep decline in retail prices, than the global fall
The sale comes on the back of government's decision to liberalise its oil policy by allowing ISPRL to commercialise up to 50% of its reserves
Mehta further said that hyperinflation in commodities used by ordinary consumers will increase the Ebidta margin by 100 basis points per annum